Best Rental Property Markets Japan in 2025
Based on our data, this page shows the top rental markets to invest in Japan with key
statistics
and information, like average long-term rental yields, short-term rental yields, number of rentals
available, and average property prices. This allows you to discover the most profitable cities to
invest in, buy, and own rental properties in Japan.
Best Cities to buy rental properties in Japan
All data presented in this report is based on 2-bedroom properties.
STR (Short-Term Rental): Refers to short-term rental data, which is tracked and verified by Airbtics.
STR Revenue: Represents the average annual revenue generated by short-term rentals, as captured by Airbtics’ dataset.
LTR (Long-Term Rental): Refers to traditional rental markets.
LTR Revenue: Represents the average annual rental income collected by landlords. For comparability, we assume a 90% occupancy rate for long-term rentals. The data is currently sourced through ChatGPT. However, Airbtics is in the process of collecting and standardizing this data internally. By November 2025, these external sources will be fully replaced with Airbtics’ proprietary datasets.
Sorting Basis: The tables are ranked by average long-term rental yields for 2-bedroom properties.
Last updated: September, 2025
| Position | Market Name | LTR Revenue for 2/bd | STR Revenue for 2/bd | Average Property Prices | Gross Long-term Rental Yield | Gross Short-term Rental Yield |
|---|---|---|---|---|---|---|
| 1 | Yamanashi | JPY1.19M | JPY9.51M | $23.52M | 5.04% | 40.43% |
| 2 | Nagasaki | JPY1.19M | JPY7.34M | $23.52M | 5.04% | 31.19% |
| 3 | Tochigi | JPY1.19M | JPY6.69M | $23.52M | 5.04% | 28.44% |
| 4 | Niigata | JPY1.02M | JPY6.48M | $23.52M | 4.32% | 27.54% |
| 5 | Nara | JPY1.35M | JPY5.52M | $31.36M | 4.32% | 17.6% |
| 6 | Ōita | JPY1.02M | JPY5.35M | $23.52M | 4.32% | 22.76% |
| 7 | Kumamoto | JPY1.02M | JPY4.75M | $23.52M | 4.32% | 20.18% |
| 8 | Kanagawa | JPY2.03M | JPY7.48M | $47.05M | 4.32% | 15.9% |
| 9 | Okayama | JPY1.02M | JPY5.14M | $23.52M | 4.32% | 21.84% |
| 10 | Kagawa | JPY1.02M | JPY5.47M | $23.52M | 4.32% | 23.24% |
| 11 | Osaka | JPY2.03M | JPY5.32M | $47.05M | 4.32% | 11.32% |
| 12 | Gunma | JPY1.02M | JPY7.99M | $23.52M | 4.32% | 33.95% |
| 13 | Gifu | JPY1.02M | JPY7.09M | $23.52M | 4.32% | 30.14% |
| 14 | Hakodate | JPY1.02M | JPY2.19M | $23.52M | 4.32% | 9.29% |
| 15 | Wakayama | JPY1.02M | JPY3.72M | $23.52M | 4.32% | 15.79% |
| 16 | Shiga | JPY1.19M | JPY5.93M | $28.23M | 4.2% | 21.02% |
| 17 | Sapporo | JPY1.27M | JPY6.69M | $31.36M | 4.05% | 21.32% |
| 18 | Chiba | JPY1.52M | JPY5.70M | $39.20M | 3.89% | 14.53% |
| 19 | Aichi | JPY1.52M | JPY6.71M | $39.20M | 3.89% | 17.12% |
| 20 | Naha | JPY1.52M | JPY4.87M | $39.20M | 3.89% | 12.42% |
| 21 | Okinawa | JPY1.52M | JPY6.17M | $39.20M | 3.89% | 15.74% |
| 22 | Shizuoka | JPY1.19M | JPY6.27M | $31.36M | 3.78% | 19.98% |
| 23 | Nagano | JPY1.19M | JPY10.36M | $31.36M | 3.78% | 33.02% |
| 24 | Kyoto | JPY2.03M | JPY9.90M | $54.89M | 3.7% | 18.03% |
| 25 | Ishikawa | JPY1.02M | JPY6.98M | $28.23M | 3.6% | 24.73% |
| 26 | Miyazaki | JPY846.83K | JPY3.81M | $23.52M | 3.6% | 16.18% |
| 27 | Kagoshima | JPY1.02M | JPY6.08M | $28.23M | 3.6% | 21.55% |
| 28 | Saitama | JPY1.35M | JPY5.41M | $39.20M | 3.46% | 13.79% |
| 29 | Hiroshima | JPY1.35M | JPY4.59M | $39.20M | 3.46% | 11.7% |
| 30 | Tokyo | JPY3.05M | JPY9.15M | $94.09M | 3.24% | 9.73% |
| 31 | Hyōgo | JPY1.19M | JPY5.47M | $39.20M | 3.02% | 13.95% |
| 32 | Hiroshima | JPY1.19M | JPY4.67M | $39.20M | 3.02% | 11.9% |
| 33 | Fukuoka | JPY1.35M | JPY7.59M | $47.05M | 2.88% | 16.14% |
Find the best Rental Markets with our interactive tool (Short-term rental focus currently)
Use our interactive Market Explorer to find the best places to start an Airbnb in Japan. Compare multiple markets side by side, apply filters like regulations, budget (property or rent prices), and market size, and even export the results to Excel.
Try Our Market Explorer